Upgrades Hold Buy X

AAL American Airlines

Melius

$23

Initiated Neutral X

ABNB Airbnb

Melius

$160

Upgrades Hold Buy X

ACI Albertsons

Melius

$24

Downgrades Buy Hold X

ADBE Adobe

Melius

$510

Upgrades Hold Buy X

ALK Alaska Air

Melius

$56

Downgrades Buy Hold X

ALK Alaska Air

Melius

Downgrades Buy Hold X

AMD Advanced Micro Devices

Melius

$160 $129

Upgrades Hold Buy X

AMD Advanced Micro

Melius

Downgrades Buy Hold X

AMKR Amkor

Melius

$34 $30

Upgrades Hold Buy X

ANET Arista Networks

Melius

Initiated Buy X

AVGO Broadcom

Melius

$1850

Downgrades Buy Hold X

BA Boeing

Melius

Initiated Overweight X

BKNG Booking Holdings

Melius

$3500

Upgrades Hold Buy X

CSCO Cisco

Melius

$66 $73

Downgrades Buy Hold X

CSCO Cisco

Melius

Downgrades Buy Hold X

DE Deere

Melius

Downgrades Buy Hold X

ETN Eaton

Melius

$373

Upgrades Hold Buy X

EXPE Expedia Group

Melius

$220

Initiated Neutral X

EXPE Expedia Group

Melius

$135

Upgrades Hold Buy X

FDX FedEx

Melius

Initiated Neutral X

FDX FedEx

Melius

$240

Downgrades Buy Hold X

HLT Hilton

Melius

Downgrades Buy Hold X

JCI Johnson Controls

Melius

$95

Upgrades Hold Buy X

LMT Lockheed Martin

Melius

$704

Reiterated Sell X

LUV Southwest Air

Melius

$26

Downgrades Neutral Underweight X

LUV Southwest Air

Melius

Downgrades Overweight Neutral X

LUV Southwest Air

Melius

$39

Initiated Hold X

LYFT Lyft

Melius

$15

Upgrades Hold Buy X

MMM 3M

Melius

Initiated Buy X

MRVL Marvell

Melius

$188

Initiated Buy X

MUSA Murphy USA

Melius

$600

Upgrades Hold Buy X

ORCL Oracle

Melius

$210

Initiated Hold X

OTIS Otis Worldwide

Melius

Initiated Hold X

QCOM Qualcomm

Melius

$180

Downgrades Overweight Neutral X

RTX RTX

Melius

$92

Downgrades Overweight Neutral X

SPR Spirit Aerosystems

Melius

$23

Downgrades Buy Hold X

TT Trane

Melius

$398

Initiated Hold X

UBER Uber

Melius

$77

Downgrades Overweight Neutral X

ULCC Frontier Group Holdings

Melius

$13

Initiated Overweight X

UPS UPS

Melius

$225

Initiated Overweight X

VLTO Veralto

Melius

$108

Downgrades Buy Hold X

VRT Vertiv

Melius

$125

Upgrades Neutral Overweight X

XYL Xylem

Melius

$122